Pattinson Estate Agents says ..

Property Oracle says ..

This 2-bedroom flat in Hebburn, Tyne and Wear, presents a mixed bag for potential buyers. Located on Tidespring Row, it benefits from a relatively convenient location, with proximity to well-regarded primary schools (St Aloysius Catholic Junior School Academy and The Sue Hedley Nursery School both have outstanding Ofsted ratings) and Hebburn Metro Station. This makes it attractive to families and commuters. The nearby streets show a range of property values, indicating that location value within this specific neighbourhood varies.

However, the property’s condition requires attention. While the exterior of the apartment block appears to be well-maintained, internal photographs reveal that the flat needs some cosmetic improvements. The carpets appear worn, and the bathroom exhibits signs of age, suggesting potential maintenance is necessary. There is no private outdoor space, which can be a major drawback for many buyers. The absence of a garden should be noted as a considerable limitation.

The asking price of £85,000 is fairly competitive in light of similar flats in the immediate area. Considering its shortcomings, such as the needed renovations and the lack of outdoor space, it’s essential to factor these into any valuation. Ultimately, the property would likely appeal most to first-time buyers or investors willing to undertake some improvements. For those seeking a move-in-ready property or a garden, this may not be the most ideal choice. A comprehensive survey before purchase is highly recommended to assess any potential structural or hidden defects.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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